US7853507B2 - Method for organizing financial instruments in a CSD-system - Google Patents
Method for organizing financial instruments in a CSD-system Download PDFInfo
- Publication number
- US7853507B2 US7853507B2 US10/601,199 US60119903A US7853507B2 US 7853507 B2 US7853507 B2 US 7853507B2 US 60119903 A US60119903 A US 60119903A US 7853507 B2 US7853507 B2 US 7853507B2
- Authority
- US
- United States
- Prior art keywords
- financial instrument
- hierarchy
- level
- template
- financial
- Prior art date
- Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
- Expired - Fee Related, expires
Links
Images
Classifications
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/02—Banking, e.g. interest calculation or account maintenance
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q10/00—Administration; Management
- G06Q10/10—Office automation; Time management
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/06—Asset management; Financial planning or analysis
Definitions
- the present application relates to a method for use in a so-called Central Securities Depository, commonly abbreviated as CSD, by means of which method financial instruments can be organized in the CSD-system.
- CSD Central Securities Depository
- the invention also discloses a computerized system for carrying out the method.
- centralized institutions have been used mainly for storing gold which belongs to different countries in the same location. When transferring assets from one nation to another, all that needs to be done is to simply transfer gold from the “pile” which belongs to the paying nation to the “pile” which belongs to the nation that is to receive the payment.
- the principles of centralized institutions greatly facilitates the processing of payments, and for this reason, there is an interest in using such centralized solutions for commodities other than gold, in principle for any kind of commodity or instrument that can be imagined in the financial market, e.g., bonds, shares, etc.
- CSD Centralized Securities Depository
- Each kind of financial instrument in such a system would be defined by attributes, which are specific for each individual instrument.
- the attributes for each individual instrument comprised in a system are “hard coded”. Due to, inter alia, the vast amount of instruments which the system needs to be able to handle, this “hard coding” makes the system difficult and cumbersome to handle, for example, due to the fact that new financial instruments can appear in existing markets, or when it is desired to adapt the system to new markets, or exchange information between the markets.
- each instrument is only linked to one other instrument on a level above it.
- Any amendment to an attribute in an instrument causes the same amendment in the same attribute of those instruments which are linked to the amended instruments and which are on lower levels in the hierarchy than the amended instrument.
- amendments to existing instruments are greatly facilitated, since amendments need only be made on the highest level common to the instruments which are to be amended, and the amendment will then “trickle down” to the instruments in question.
- the technology greatly facilitates the adding of new instruments to the system.
- an existing instrument in the CSD-system is found which has at least all of the attributes of the instrument to be added.
- the new instrument is then placed on a level in the hierarchy of the system which is below said existing instrument, and a link is created between the instrument to be added and the existing instrument.
- a computerized CSD-system which comprises a register of instruments.
- the register is organized along the principles described above.
- FIG. 1 shows one of the principles behind the technology
- FIG. 2 shows a method
- FIG. 3 shows an example of the method
- FIGS. 4 and 5 show flowcharts.
- the instruments are defined by attributes.
- attributes include the identity of the issuer of the instrument in question, the ISIN code, or some other code which identifies the instrument, e.g., CUSIP, the date of issue of the security, the interest rate, etc.
- a multi-level hierarchical system for organizing a register of financial instruments in a CSD-system.
- the number of levels preferably is not restricted by an upper limit.
- FIG. 1 a group of instruments is shown arranged in a multi-level hierarchy. Instruments on a higher level (AB) can have links to several instruments on the lower levels (ABBB, ABCC). Each instrument preferably only has one link to the level above its own.
- the instruments (AB) at the top level of the hierarchy are suitably not instruments which can be traded as such, but are rather generic “templates” for the instruments on the lower levels (ABBB, ABCC; ABBB123, ABCC456) that are “real” instruments that can be traded, e.g., government bonds or mortgage-backed securities and shares.
- a template in a system organized can either serve as a template on the next level, or as a template for an instrument on the next level.
- FIG. 1 only shows one group of instruments, the system can comprise a virtually unlimited number of such groups.
- any instrument on any level of the system “inherits” all of the attributes of the instrument to which it is linked on the level immediately above it.
- This principle could in fact be said to essentially be the definition of the links between the instruments. Due to this linkage principle, when there is a need or a desire for making amendments to one or more instruments, all that needs to be done is to locate, within the hierarchy, the attribute which is to be changed. When the attribute is amended, that particular amendment will “trickle down” to the linked instruments.
- FIG. 2 shows another feature: inheriting of an attribute from a higher level to a lower level in the hierarchy is made either optional, mandatory, or excluded, i.e., prohibited.
- the “setting up” of which principle of inheritance that is to be used for each instrument and attribute within the system is suitably carried out by the operator of the system, in a manner which best suits each instrument and the system as a whole.
- the template instrument at the highest level in the hierarchy comprises six attributes, three of which are optional (shown vertically striped), two of which are mandatory (shown horizontally striped) and one of which is excluded from inheritance (diagonal stripes).
- the attributes, which were mandatory for inheritance to the next level appear in the instruments on the level below the highest level, and the attribute that was excluded from being inherited is also marked as excluded in the second level.
- the attributes which were optional from the first level to the second may have different properties of inheritance when going from the second level to the third level in the hierarchy. This is indicated in FIG. 2 by virtue of the fact that in one of the instruments on the second level, one of the optional attributes is now marked as being excluded (diagonal stripes) when going to the next (third) level, and in the other instrument on the second level one of the optional attributes from the first level is marked as mandatory (horizontal stripes) for inheritance to the next level and one is marked as excluded (diagonal stripes).
- FIG. 3 an example applied to real instruments is shown:
- a group of instruments is organized in three levels. At the top level, there is an instrument template known as “Government bonds”. The exact attributes of that template will not be enumerated here, as they should be well known to those working in the field. However, one attribute which Government Bonds have is that they generate an interest. In this particular case, interest can be generated in two ways: fixed or floating. Thus, at the top level, the template is provided with two attributes: one for fixed interest and one for floating interest.
- next level there are two templates, one for each of the more specific cases of bonds, which have fixed interest rates, and bonds with floating interest rates.
- One of these templates will inherit the attribute “fixed interest” and the other template will inherit the attribute “floating rate”. This is done by both of the interest attributes (fixed and floating) at the top level being designated as optional for the next level, i.e., the second level.
- the attribute for “floating interest” will be designated as excluded from the following levels.
- the template for floating rate bonds will exclude the attribute “fixed interest” from the following levels.
- an attribute can also have a value.
- the value could be the interest rate.
- the inheriting of the value of an attribute from a higher level to a lower level can also be made mandatory or optional regardless of whether the attribute was optional or mandatory to inherit. How a value is to be inherited would be set by, for example, the operator of the system.
- the instrument inherits a value as an example for the attribute (e.g., interest).
- a value needs to be set for the attribute in question since the attribute, i.e., the interest rate, is mandatory.
- the value could be either the inherited (“example”) value, or a new defined value.
- the inheritance of the interest attribute is optional, and that option is chosen, the interest needs to be set, which can suitably be done in the manner just described.
Landscapes
- Business, Economics & Management (AREA)
- Engineering & Computer Science (AREA)
- Accounting & Taxation (AREA)
- Finance (AREA)
- Strategic Management (AREA)
- General Business, Economics & Management (AREA)
- Economics (AREA)
- Physics & Mathematics (AREA)
- Development Economics (AREA)
- General Physics & Mathematics (AREA)
- Theoretical Computer Science (AREA)
- Marketing (AREA)
- Entrepreneurship & Innovation (AREA)
- Human Resources & Organizations (AREA)
- Technology Law (AREA)
- Operations Research (AREA)
- Game Theory and Decision Science (AREA)
- Data Mining & Analysis (AREA)
- Quality & Reliability (AREA)
- Tourism & Hospitality (AREA)
- Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
- Information Retrieval, Db Structures And Fs Structures Therefor (AREA)
Abstract
Description
-
- a link is created between a first instrument on a first level in the hierarchy and instruments on a second, lower level in the hierarchy,
- the link between the instruments on the first and second levels of the hierarchy is defined by the fact that all of the attributes which are comprised in the instruments on the second level are also comprised in the instrument on the first level to which the instruments on the second level is linked.
-
- re-using different attributes between different instruments, and
- deriving one instrument from another instrument
-
- Look at the real instruments (ABBB123, ABBB862, ABBB293; ABCC456, ABCC578, ABCC394) which are to be comprised in the register of the CSD-system.
- Find a first set of common denominators (ABBB, ABCC) between the instruments.
- Find a second set of common denominators (AB) between the first set of common denominators.
- When all (or a preset number) of common denominators have been found, create a linked multi-level hierarchy according to the principles outlined above, with the instrument of the most basic common denominator at the highest level, and the real instruments at the lower levels.
-
- find an existing instrument in the CSD-system which has at least all of the attributes of the instrument which is to be added,
- place the instrument which is to be added on a level in the hierarchy of the system which is below said existing instrument,
- create a link between the instrument to be added and the existing instrument.
Claims (15)
Priority Applications (8)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US10/601,199 US7853507B2 (en) | 2003-06-23 | 2003-06-23 | Method for organizing financial instruments in a CSD-system |
MXPA05013114A MXPA05013114A (en) | 2003-06-23 | 2004-06-17 | A computerised financial system and a method for organizing a financial system. |
CA002527815A CA2527815A1 (en) | 2003-06-23 | 2004-06-17 | A computerised financial system and a method for organizing a financial system |
EP04739977A EP1639532A2 (en) | 2003-06-23 | 2004-06-17 | A computerised financial system and a method for organizing a financial system |
PCT/EP2004/006517 WO2004114175A2 (en) | 2003-06-23 | 2004-06-17 | A computerised financial system and a method for organizing a financial system |
AU2004250306A AU2004250306B2 (en) | 2003-06-23 | 2004-06-17 | A computerised financial system and a method for organizing a financial system |
JP2006515969A JP2007507022A (en) | 2003-06-23 | 2004-06-17 | Computerized financial system and financial system configuration method |
KR1020057024757A KR20060027361A (en) | 2003-06-23 | 2004-06-17 | A computerised financial system and a method for organizing a financial system |
Applications Claiming Priority (1)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US10/601,199 US7853507B2 (en) | 2003-06-23 | 2003-06-23 | Method for organizing financial instruments in a CSD-system |
Publications (2)
Publication Number | Publication Date |
---|---|
US20040267653A1 US20040267653A1 (en) | 2004-12-30 |
US7853507B2 true US7853507B2 (en) | 2010-12-14 |
Family
ID=33539427
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
US10/601,199 Expired - Fee Related US7853507B2 (en) | 2003-06-23 | 2003-06-23 | Method for organizing financial instruments in a CSD-system |
Country Status (8)
Country | Link |
---|---|
US (1) | US7853507B2 (en) |
EP (1) | EP1639532A2 (en) |
JP (1) | JP2007507022A (en) |
KR (1) | KR20060027361A (en) |
AU (1) | AU2004250306B2 (en) |
CA (1) | CA2527815A1 (en) |
MX (1) | MXPA05013114A (en) |
WO (1) | WO2004114175A2 (en) |
Families Citing this family (1)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
CA2941444A1 (en) | 2014-03-18 | 2015-09-24 | Sony Corporation | Device |
Citations (27)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US5327559A (en) * | 1990-10-23 | 1994-07-05 | International Business Machines Corporation | Remote and batch processing in an object oriented programming system |
JPH10198735A (en) | 1997-01-13 | 1998-07-31 | Daisho Syst Service Kk | Coding method, code issuing device, and code identification device |
US5918052A (en) * | 1992-11-12 | 1999-06-29 | International Business Machines Corporation | Multiple inheritance mechanism for an object oriented programming environment |
US5930778A (en) * | 1993-11-22 | 1999-07-27 | Huntington Bancshares Incorporated | System for expediting the clearing of financial instruments and coordinating the same with invoice processing at the point of receipt |
US5987423A (en) | 1997-03-28 | 1999-11-16 | International Business Machines Corporation | Object oriented technology framework for order processing |
US6115719A (en) | 1998-11-20 | 2000-09-05 | Revsoft Corporation | Java compatible object oriented component data structure |
US6134706A (en) | 1997-08-14 | 2000-10-17 | International Business Machines Corporation | Software business objects in a multi-level organizational structure |
US6141658A (en) | 1997-09-10 | 2000-10-31 | Clear With Computers, Inc. | Computer system and method for managing sales information |
JP2001092879A (en) | 1999-09-27 | 2001-04-06 | Hitachi Kokusai Electric Inc | Information display system |
US20010005888A1 (en) * | 1999-12-17 | 2001-06-28 | Hanine Abdelkrim | Method and programming interface for developing object-oriented software applications using secured calls |
US6278981B1 (en) * | 1997-05-29 | 2001-08-21 | Algorithmics International Corporation | Computer-implemented method and apparatus for portfolio compression |
US20010025264A1 (en) | 1998-07-31 | 2001-09-27 | Michael Deaddio | Object oriented system for managing complex financial instruments |
US20010044766A1 (en) * | 1999-12-30 | 2001-11-22 | Keyes Tim K. | Methods and systems for modeling using classification and regression trees |
US6366922B1 (en) * | 1998-09-30 | 2002-04-02 | I2 Technologies Us, Inc. | Multi-dimensional data management system |
US20020073078A1 (en) * | 2000-12-11 | 2002-06-13 | International Business Machines Corporation | Search facility for local and remote interface repositories |
US20020078115A1 (en) * | 1997-05-08 | 2002-06-20 | Poff Thomas C. | Hardware accelerator for an object-oriented programming language |
US20020091621A1 (en) * | 2001-01-05 | 2002-07-11 | Incapital Holdings Llc. | Method and system for enhanced distribution of financial instruments |
US6513152B1 (en) | 1997-07-23 | 2003-01-28 | International Business Machines Corporation | Object oriented framework mechanism for customization of object oriented frameworks |
JP2003030213A (en) | 2001-07-16 | 2003-01-31 | Hitachi Kokusai Electric Inc | Device for displaying information |
US6564209B1 (en) | 2000-03-08 | 2003-05-13 | Accenture Llp | Knowledge management tool for providing abstracts of information |
US20030110112A1 (en) * | 1999-12-30 | 2003-06-12 | Johnson Christopher D. | Methods and systems for automated inferred valuation of credit scoring |
US20030172192A1 (en) * | 2002-03-07 | 2003-09-11 | International Business Machines Corporation | Method and system for supporting object oriented programming class replacement |
US6691282B1 (en) * | 1999-06-22 | 2004-02-10 | Nortel Networks Limited | Method and apparatus for displaying and navigating containment hierarchies |
US20040216087A1 (en) * | 2003-04-22 | 2004-10-28 | Wilson Kirk D. | System and method for integrating object-oriented models and object-oriented programming languages |
US20040236668A1 (en) * | 2003-03-25 | 2004-11-25 | Toffey James Warden | Method and system for effecting straight-through-processing of trades of various financial instruments |
US20050209940A1 (en) * | 2001-10-16 | 2005-09-22 | Lea Nicholas J | Finanical instrument portfolio credit exposure evaluation |
US7177839B1 (en) * | 1996-12-13 | 2007-02-13 | Certco, Inc. | Reliance manager for electronic transaction system |
-
2003
- 2003-06-23 US US10/601,199 patent/US7853507B2/en not_active Expired - Fee Related
-
2004
- 2004-06-17 CA CA002527815A patent/CA2527815A1/en not_active Abandoned
- 2004-06-17 WO PCT/EP2004/006517 patent/WO2004114175A2/en active Application Filing
- 2004-06-17 AU AU2004250306A patent/AU2004250306B2/en not_active Ceased
- 2004-06-17 MX MXPA05013114A patent/MXPA05013114A/en not_active Application Discontinuation
- 2004-06-17 EP EP04739977A patent/EP1639532A2/en not_active Withdrawn
- 2004-06-17 KR KR1020057024757A patent/KR20060027361A/en not_active Application Discontinuation
- 2004-06-17 JP JP2006515969A patent/JP2007507022A/en active Pending
Patent Citations (27)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US5327559A (en) * | 1990-10-23 | 1994-07-05 | International Business Machines Corporation | Remote and batch processing in an object oriented programming system |
US5918052A (en) * | 1992-11-12 | 1999-06-29 | International Business Machines Corporation | Multiple inheritance mechanism for an object oriented programming environment |
US5930778A (en) * | 1993-11-22 | 1999-07-27 | Huntington Bancshares Incorporated | System for expediting the clearing of financial instruments and coordinating the same with invoice processing at the point of receipt |
US7177839B1 (en) * | 1996-12-13 | 2007-02-13 | Certco, Inc. | Reliance manager for electronic transaction system |
JPH10198735A (en) | 1997-01-13 | 1998-07-31 | Daisho Syst Service Kk | Coding method, code issuing device, and code identification device |
US5987423A (en) | 1997-03-28 | 1999-11-16 | International Business Machines Corporation | Object oriented technology framework for order processing |
US20020078115A1 (en) * | 1997-05-08 | 2002-06-20 | Poff Thomas C. | Hardware accelerator for an object-oriented programming language |
US6278981B1 (en) * | 1997-05-29 | 2001-08-21 | Algorithmics International Corporation | Computer-implemented method and apparatus for portfolio compression |
US6513152B1 (en) | 1997-07-23 | 2003-01-28 | International Business Machines Corporation | Object oriented framework mechanism for customization of object oriented frameworks |
US6134706A (en) | 1997-08-14 | 2000-10-17 | International Business Machines Corporation | Software business objects in a multi-level organizational structure |
US6141658A (en) | 1997-09-10 | 2000-10-31 | Clear With Computers, Inc. | Computer system and method for managing sales information |
US20010025264A1 (en) | 1998-07-31 | 2001-09-27 | Michael Deaddio | Object oriented system for managing complex financial instruments |
US6366922B1 (en) * | 1998-09-30 | 2002-04-02 | I2 Technologies Us, Inc. | Multi-dimensional data management system |
US6115719A (en) | 1998-11-20 | 2000-09-05 | Revsoft Corporation | Java compatible object oriented component data structure |
US6691282B1 (en) * | 1999-06-22 | 2004-02-10 | Nortel Networks Limited | Method and apparatus for displaying and navigating containment hierarchies |
JP2001092879A (en) | 1999-09-27 | 2001-04-06 | Hitachi Kokusai Electric Inc | Information display system |
US20010005888A1 (en) * | 1999-12-17 | 2001-06-28 | Hanine Abdelkrim | Method and programming interface for developing object-oriented software applications using secured calls |
US20010044766A1 (en) * | 1999-12-30 | 2001-11-22 | Keyes Tim K. | Methods and systems for modeling using classification and regression trees |
US20030110112A1 (en) * | 1999-12-30 | 2003-06-12 | Johnson Christopher D. | Methods and systems for automated inferred valuation of credit scoring |
US6564209B1 (en) | 2000-03-08 | 2003-05-13 | Accenture Llp | Knowledge management tool for providing abstracts of information |
US20020073078A1 (en) * | 2000-12-11 | 2002-06-13 | International Business Machines Corporation | Search facility for local and remote interface repositories |
US20020091621A1 (en) * | 2001-01-05 | 2002-07-11 | Incapital Holdings Llc. | Method and system for enhanced distribution of financial instruments |
JP2003030213A (en) | 2001-07-16 | 2003-01-31 | Hitachi Kokusai Electric Inc | Device for displaying information |
US20050209940A1 (en) * | 2001-10-16 | 2005-09-22 | Lea Nicholas J | Finanical instrument portfolio credit exposure evaluation |
US20030172192A1 (en) * | 2002-03-07 | 2003-09-11 | International Business Machines Corporation | Method and system for supporting object oriented programming class replacement |
US20040236668A1 (en) * | 2003-03-25 | 2004-11-25 | Toffey James Warden | Method and system for effecting straight-through-processing of trades of various financial instruments |
US20040216087A1 (en) * | 2003-04-22 | 2004-10-28 | Wilson Kirk D. | System and method for integrating object-oriented models and object-oriented programming languages |
Non-Patent Citations (15)
Title |
---|
Anonymous; Bond Investor Protection Fund Eyed in Japan; Jiji Press English News Service, Tokyo; Jan. 8, 2002; 1 pg. * |
Anonymous; China Sets Up Securities Clearing Co.; Xinhua News Agency-CEIS, Woodside; Mar. 30, 2001, 1 pg. * |
Anonymous; China Sets Up Securities Clearing Co.; Xinhua News Agency—CEIS, Woodside; Mar. 30, 2001, 1 pg. * |
Anonymous; Exchange-America, LLC and DTCC's Annuity Application Process Goes Live with Well Fargo Investments, LLC and Major Carriers; PR Newswire, New York; Jun. 26, 2001; 1 pg. * |
Australian Search Report mailed Aug. 25, 2006 in corresponding Singapore patent application No. 200507472-9. |
Discosure Framework for Securities Settlement Systems; http://web.archive.org/web/*/http://www.bis.org/publ/cpss20r11.pdf; Oct. 3, 2000; pp. 1-3. * |
http://www.ipo.go.ip/shiryou/kijun/kijun2/pdf/tt1212-045-7-1.pdf. |
http://www.ipo.go.ip/shiryou/kijun/kijun2/pdf/tt1212-045—7-1.pdf. |
http://www.jpo.go.jp/tetuzuki/t-tokkyo/bijinesu/biz-pat-case.htm. |
http://www.jpo.go.jp/tetuzuki/t—tokkyo/bijinesu/biz—pat—case.htm. |
http://www.jpo.go.jp/tetuzuki/t-tokkyo/bijinesu/tt1303-090-kouhyo.htm. |
http://www.jpo.go.jp/tetuzuki/t—tokkyo/bijinesu/tt1303-090—kouhyo.htm. |
Rankin, Daniel; Ready for Boom or bust at CDS; Computing Canada, Willowdale; Nov. 24, 1997; vol. 23, Iss. 24; 2 pgs. * |
Translation of Decision of Rejection, Mar. 19, 2010, in corresponding Japanese Application No. 2006-515969. |
Translation of Japanese official action, Sep. 25, 2009, in corresponding Japanese Application No. 2006-515969. |
Also Published As
Publication number | Publication date |
---|---|
EP1639532A2 (en) | 2006-03-29 |
MXPA05013114A (en) | 2006-05-25 |
WO2004114175A8 (en) | 2005-04-07 |
WO2004114175A2 (en) | 2004-12-29 |
US20040267653A1 (en) | 2004-12-30 |
AU2004250306A1 (en) | 2004-12-29 |
AU2004250306B2 (en) | 2010-11-25 |
CA2527815A1 (en) | 2004-12-29 |
KR20060027361A (en) | 2006-03-27 |
JP2007507022A (en) | 2007-03-22 |
Similar Documents
Publication | Publication Date | Title |
---|---|---|
Chang et al. | Strategy, structure and performance of Korean business groups: A transactions cost approach | |
US5404291A (en) | Inventory control process for reservation systems | |
Doumpos et al. | Multi–criteria classification methods in financial and banking decisions | |
WO2008048916A1 (en) | Index and fund based on investment time horizon | |
US20140236860A1 (en) | system allowing banks to diversify their loan portfolios via exchanging loans | |
Radier et al. | Determinants of bond yield spread changes in South Africa | |
Thakor | Finance research: What are the new frontiers? | |
US7853507B2 (en) | Method for organizing financial instruments in a CSD-system | |
KR100990690B1 (en) | System and method for managing account | |
US8660930B2 (en) | Target portfolio templates | |
Neave | Financial systems: principles and organization | |
Hudson-Wilson | Why real estate? | |
Bryan et al. | Financialization | |
Friedman et al. | Estimating conditional probability distributions of recovery rates: a utility-based approach | |
Zghal et al. | A new multi-objective approach for the portfolio selection problem with skewness | |
Okpara et al. | Effect of Financing Mix On Corporate Profitability of Selected Brewery and Beverage Industry in Nigeria | |
Panjaitan et al. | COMPARISON ANALYSIS OF INDEX IDX30 OPTIMAL SHARE PORTFOLIO WITH INDONESIAN EQUITY FUND PORTFOLIO PERFORMANCE | |
Rizal et al. | A literature review: Modelling dynamic portfolio strategy under defaultable assets with stochastic rate of return, rate of inflation and credit spread rate | |
Lin et al. | Review and prospects of Taiwan derivatives research: pricing, hedging, and arbitrage | |
Ranasinghe et al. | Portfolio optimization using weighted historical return values: Investors view approach | |
He | The Traditional Hedging Method in Times of Crisis and the New Tool: Cryptocurrency | |
Kelly | Offline Algorithms in Low-Frequency Trading: Clearing Combinatorial Auctions | |
Hollywood | MIGA: long term political risk insurance for investments in developing countries | |
Zille | The Effect of Covid-19 on the Probability of Default of South African Firms Listed on the Johannesburg Stock Exchange (JSE) | |
Kundu et al. | Advanced portfolio management using markowitz portfolio theory |
Legal Events
Date | Code | Title | Description |
---|---|---|---|
AS | Assignment |
Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: CHANGE OF NAME;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:015943/0842 Effective date: 20040913 Owner name: OMX TECHNOLOGY AB,SWEDEN Free format text: CHANGE OF NAME;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:015943/0842 Effective date: 20040913 |
|
AS | Assignment |
Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: RESUBMIT DOO. ID NO. 102833669 (REEL 015764/FRAME 0289) TO CORRECT SERIAL NUMBER. THE CORRECT SERIAL NUMBER IS 10/601,199 AS STATED ON THE ORIGINAL ASSIGNMENT SUBMITED SEPT 3, 2004;ASSIGNOR:ERIKSSON, JOHAN;REEL/FRAME:016200/0197 Effective date: 20040818 Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: RESUBMIT DOO. ID NO. 102833669 (REEL 015764/FRAME 0289) TO CORRECT SERIAL NUMBER. THE CORRECT SERIAL NUMBER IS 10/601,199 AS STATED ON THE ORIGINAL ASSIGNMENT SUBMITED SEPT 3, 2004.;ASSIGNOR:ERIKSSON, JOHAN;REEL/FRAME:016200/0197 Effective date: 20040818 |
|
AS | Assignment |
Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: RE-RECORDED TO REMOVE APPLICATION 09/827,810 AND TO CORRECT THE WRONG APPLICATION NUMBER 09/095,773 IN THE SCHEDULE ON A CHANGE OF NAME DOCUMENT PREVIOUSLY RECORDED AT REEL 015943 FRAME 0842.;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:016313/0528 Effective date: 20040913 Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: RE-RECORDED TO REMOVE APPLICATION 09/827,810 AND TO CORRECT THE WRONG APPLICATION NUMBER 09/095,773 IN THE SCHEDULE ON A CHANGE OF NAME DOCUMENT PREVIOUSLY AT REEL 015943 FRAME 0842.;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:016313/0659 Effective date: 20040913 Owner name: OMX TECHNOLOGY AB,SWEDEN Free format text: RE-RECORDED TO REMOVE APPLICATION 09/827,810 AND TO CORRECT THE WRONG APPLICATION NUMBER 09/095,773 IN THE SCHEDULE ON A CHANGE OF NAME DOCUMENT PREVIOUSLY RECORDED AT REEL 015943 FRAME 0842;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:016313/0528 Effective date: 20040913 Owner name: OMX TECHNOLOGY AB,SWEDEN Free format text: RE-RECORDED TO REMOVE APPLICATION 09/827,810 AND TO CORRECT THE WRONG APPLICATION NUMBER 09/095,773 IN THE SCHEDULE ON A CHANGE OF NAME DOCUMENT PREVIOUSLY AT REEL 015943 FRAME 0842;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:016313/0659 Effective date: 20040913 Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: RE-RECORDED TO REMOVE APPLICATION 09/827,810 AND TO CORRECT THE WRONG APPLICATION NUMBER 09/095,773 IN THE SCHEDULE ON A CHANGE OF NAME DOCUMENT PREVIOUSLY RECORDED AT REEL 015943 FRAME 0842;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:016313/0528 Effective date: 20040913 Owner name: OMX TECHNOLOGY AB, SWEDEN Free format text: RE-RECORDED TO REMOVE APPLICATION 09/827,810 AND TO CORRECT THE WRONG APPLICATION NUMBER 09/095,773 IN THE SCHEDULE ON A CHANGE OF NAME DOCUMENT PREVIOUSLY AT REEL 015943 FRAME 0842;ASSIGNOR:OM TECHNOLOGY AB;REEL/FRAME:016313/0659 Effective date: 20040913 |
|
STCF | Information on status: patent grant |
Free format text: PATENTED CASE |
|
FPAY | Fee payment |
Year of fee payment: 4 |
|
AS | Assignment |
Owner name: NASDAQ TECHNOLOGY AB, SWEDEN Free format text: CHANGE OF NAME;ASSIGNOR:OMX TECHNOLOGY AB;REEL/FRAME:037446/0160 Effective date: 20151201 |
|
MAFP | Maintenance fee payment |
Free format text: PAYMENT OF MAINTENANCE FEE, 8TH YEAR, LARGE ENTITY (ORIGINAL EVENT CODE: M1552) Year of fee payment: 8 |
|
FEPP | Fee payment procedure |
Free format text: MAINTENANCE FEE REMINDER MAILED (ORIGINAL EVENT CODE: REM.); ENTITY STATUS OF PATENT OWNER: LARGE ENTITY |
|
LAPS | Lapse for failure to pay maintenance fees |
Free format text: PATENT EXPIRED FOR FAILURE TO PAY MAINTENANCE FEES (ORIGINAL EVENT CODE: EXP.); ENTITY STATUS OF PATENT OWNER: LARGE ENTITY |
|
STCH | Information on status: patent discontinuation |
Free format text: PATENT EXPIRED DUE TO NONPAYMENT OF MAINTENANCE FEES UNDER 37 CFR 1.362 |
|
FP | Lapsed due to failure to pay maintenance fee |
Effective date: 20221214 |